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What is price stability in monetary policy 2024?

Julian Turner | 2023-04-20 00:06:23 | page views：1796
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Zoe Lopez

Studied at the University of Johannesburg, Lives in Johannesburg, South Africa.
Price stability is a significant objective of monetary policy. When inflation is high, variable or both, it interferes with the efficient operation of the economy and can reduce economic growth. In addition, once expectations of high inflation have been set, bringing inflation back down can be painful.
2023-04-29 00:06:23
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Lucas Baker

QuesHub.com delivers expert answers and knowledge to you.
Price stability is a significant objective of monetary policy. When inflation is high, variable or both, it interferes with the efficient operation of the economy and can reduce economic growth. In addition, once expectations of high inflation have been set, bringing inflation back down can be painful.
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